In brief: Stalexport loses court battle; G-8 sale: Moody bank assessment
Stalexport has no right to be refunded the tax it has paid and claims was
unjustified, the Supreme Court ruled on Friday. Instead of receiving the
zl.100 million it demanded from the state, Stalexport has been ordered to
pay zl.12,000 court costs. (Gazeta Wyborcza April 28-29, p.27)... The
Treasury Ministry wants to finalize the sale of G-8, Poland's largest group
of energy distributors, before the end of the year. The ministry insists the
sale should go ahead, despite changes it introduced to the tender on
Thursday. (Reuters)...Moody's Investors Service rating agency has broadened
its assessment scale of the financial power of nine Polish banks, to 13 from
the previous level of nine. (Rzeczpospolita, p. B5, Reuters)